Enter | Entrer
Enter | Entrer
On May 1, 2017, we will begin to use the new Bank of Canada rate, instead of the Bank of Canada closing rate to calculate our Net Asset Value (NAV), which we currently use. The Bank of Canada will stop publishing these rates as of April 28, 2017. For the purposes of the daily NAV we will adopt this new Bank of Canada rate, as reported by Thomson-Reuters at 4:30pm Eastern Time. This rate represents a daily average for the US dollar against the Canadian dollar.